CANADA NANO ENABLED PACKAGING FOR FOOD AND BEVERAGES MARKET ANALYSIS
The Canada Nano Enabled Packaging for Food and Beverages Market is projected to reach around US$ 1,370.1 Million by the end of 2030, in terms of revenue, growing at CAGR of 10.3% during the forecast period (2023-2030).
Figure 1. Canada Nano Enabled Packaging for Food and Beverages Market Share (%) in terms of Value, By Application, in 2022
Market Trends
Government focus on agriculture sector
Increasing focus of the government of Canada to improve the agriculture sector in the country is projected to augment the market growth of Canada's nano-enabled packaging. For instance, in Feb 2023, Canadian government declared an investment over US$19.7 million for two agriculture and agro-food projects under the Sectoral Workforce Solutions Program (SWSP). Thus, rising initiatives by the government of Canada will favor market growth over the forecast period.
Figure 2. Canada Nano Enabled Packaging for Food and Beverages Market Share (%) in terms of Value, By Technology, in 2022
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